Thursday, May 7, 2026

Jets Offer Most Employees Buyouts

The team is offering buyouts to the majority of its workforce after its ninth consecutive losing season.

The Record

The Jets aren’t just cleaning house on the field.

The organization offered buyouts to 170 of its 250 employees with a deadline of Monday, the last day of the NFL fiscal year, according to Sports Business Journal. The offer came with severance packages ranging from two to 80 weeks of pay depending on seniority. 

At the NFL owners meetings in Palm Beach, Fla., on Monday, Jets owner Woody Johnson told reporters that the team will not have layoffs after the buyouts. 

Though the team offered the buyouts to all at-will employees, “Management’s motivation is cultural, not financial,” SBJ reported.

The offer comes after the Jets’ ninth consecutive losing season and 14th straight without a playoff berth, which is the longest postseason drought among the four major men’s pro sports leagues. The team recently released quarterback Aaron Rodgers and wide receiver Davante Adams after firing head coach Robert Saleh five games into the season. The team hired former Lions defensive coordinator Aaron Glenn to replace Saleh and signed free agent Justin Fields to be its quarterback. 

Johnson was recently rated the league’s worst owner in the NFL Players Association’s annual report cards

“My first reaction? I think it’s totally bogus,” Johnson said when asked about the report cards Monday. 

The Jets did not immediately respond to a request for comment about the layoffs.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Most Big 12 Schools Turning Down $30M RedBird Credit Line

Neither Texas Tech nor Colorado will opt in, FOS has learned.

NFL Nears Referee Deal to Avoid Another ‘Fail Mary’ Disaster

The public vitriol between the two sides has lessened considerably.

ESPN Revenue Rises, but Disney’s Sports Profits Slip

Disney detailed the impact of heightened sports rights fees on the company.
Dave Checketts

Former Knicks Pres: Leagues, Sportsbooks Have Gotten Too Cozy

“I’m not sure that’s a good thing, this coziness that we’ve established.”

Featured Today

May 2, 2026; Atlanta, Georgia, USA; Atlanta United midfielder Saba Lobjanidze (11) reacts to his goal against the CF Montréal in the first half at Mercedes-Benz Stadium. Mandatory Credit

How Atlanta Unexpectedly Became the Epicenter of U.S. Soccer

U.S. Soccer is opening a new national HQ in Georgia.
Tottenham Hotspur
May 6, 2026

Tottenham Hotspur Is Facing a Billion-Dollar Disaster

A seemingly improbable drop to England’s second tier is a tangible possibility.
Cricket - Indian Premier League - IPL - Final - Royal Challengers Bengaluru v Punjab Kings - Narendra Modi Stadium, Ahmedabad, India - June 4, 2025 Royal Challengers Bengaluru's Rajat Patidar lifts the trophy as he celebrates with teammates after winning the Indian Premier League
May 5, 2026

How Private Equity Fell in Love With Indian Cricket

India’s U.S.-style cricket league has become a private-equity playground.
Kaitlin Oaks (left) from Tampa looks at photos with Layla Abutha from Tampa while attending Thurby at Churchill Downs during the week of Kentucky Derby on Thursday, April 30, 2026.
May 1, 2026

Kentucky Derby Is Courting Gen Z

Churchill Downs is mixing traditional splendor with a youthful atmosphere.
Apr 15, 2026; Ottawa, Ontario, CAN; Toronto Maple Leafs defenseman Morgan Reilly (44) blocks a shot as he battles with Ottawa Senators center Nick Cousions (21) in the first period at the Canadian Tire Centre.
May 4, 2026

As Parent Company Pares Back, Maple Leafs Retool Front Office

The team has not advanced to the conference finals since 2002.
May 4, 2026

Bulls Hire Hawks SVP Bryson Graham in Effort to Return to Relevance

Graham spent 15 years working for the Pelicans.
Sponsored

What Is It Like to Run the Knicks?

Dave Checketts on his time running the Knicks & Jazz, Jordan war stories, and his investment strategy across major sports leagues.
May 3, 2026

Valkyries Cut the Player They Acquired in Flau’jae Johnson Deal

The Golden State Valkyries acquired Marta Suárez and a future second-round pick on draft night for Flau’jae Johnson.
May 3, 2026

Indiana Fever Accused of Using AI Again After Caitlin Clark Remark

It’s not the first time the organization’s been accused of using AI.
Sep 2, 2025; San Francisco, California, USA; New York Liberty forward Breanna Stewart (30) shoots the ball against Golden State Valkyries guard Veronica Burton (22) during the first quarter at Chase Center.
May 1, 2026

Ariel Investments Sees a $1B Women’s Sports Team in the Next 5 Years

Like small-cap stocks, women’s sports teams have room to run.
May 1, 2026

Dundon Pours Money Into Pickleball As He Cuts Blazers Spending

NBA fans have nicknamed the Blazers owner “El Cheapo.”